Landmark Italian Restaurant

Manchester Center, VT (Bennington County)

Landmark Italian Restaurant
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Asking Price: $679,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1982

Landmark Italian Restaurant

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Business Description

Turn Key, excellent buy

Garlic John's has been a icon in Manchester dining for over 35 years. Licensed for 100 seats with a cozy bar, very attractive dining room and seating available on the deck seasonally. Lots of parking as well as Location, Location, Location. The owners have developed an outstanding and loyal staff as well as clientele . Owners will help train new purchaser through a smooth transition. The kitchen is immaculately clean. Property shows pride of ownership throughout. The property is offered turn key. Purchase price includes the real estate, business, furniture fixtures and equipment, plus dollar for dollar for the stock. Recent upgrades include new air conditioner, dishwasher and new ice cream freezer.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
2,900
Facilities:
Well maintained building with partial walkout basement for storage, mechanical and employee bath. The property is estimated to be a thousand feet from the interchange of Rt 7, the north/south main highway on the western side of the state or VT and Rt 11/30, also known as Depot Street. more than ample parking on a 2.7 ac site.
Competition:
The is the only Italian Restaurant in Town. There are a few Pizza Parlors, not the same type food offerings.
Growth & Expansion:
Possibilities are there for an energetic operator..
Support & Training:
Seller will be happy to help the new owner in a smooth transition.
Reason for Selling:
Retiring after 35 years.
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Business Location


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(from currently available funds)
 
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Richard Palmer

Business Listed By:
Dick. Palmer

Hospitality Consultants, LLC

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